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Revision in the Eligibility Criteria for Migration of SME Companies to BSE Main Board
Dec 06, 2023
BSE circular to provide revised eligibility criteria for Migration of SME Companies to BSE Main Board w.e.f 1st Jan 2024
a. Listed for at least 3 years on SME platforms, paid up capital more than 10 Cr and market capitalization minimum 25Cr
b. Promoter holding minimum 20% of equity share capital
c. Positive operating profits at least any 2 years along with net worth of 15 Cr in 2 preceding financial year
d. Track record of the company e. no material regulatory action, debarment, disqualification
e. Minimum 250 public shareholders
f. Other parameters like no. of shareholder’s, no proceeding under IBC, no pending investor complaint utilization of funds
https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20231124-55